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Egyptian Gazette
Home Business Real Estate

RUD and MRB partnership to manage and operate EVORA project at New Capital

by Hamed Mahmoud
November 15, 2021
in Real Estate
Mohamed Nasr Madinah (L), and Mohammed Rashid

Mohamed Nasr Madinah (L), and Mohammed Rashid

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Rovan Urban Development (RUD) announced contracting with MRB Project Management company to take over the task of managing and operating Evora project, the company’s first project in the New Administrative Capital (NAC).

The contract was signed by Chairman of RUD Mohamed Nasr Madinah, and Chairman of MRB Mohammed Rashid.

Evora is commercial, administrative, medical project on an area of approximately 2,600 sqm in the most distinguished area of the NAC’s Downtown with total investments worth approximately LE350m.

Chairman of RUD Mohamed Nasr Madinah said that the company has contracted with a number of major consulting companies in Egyptian market and the Arab region, led by MRB Project Management, Archrete designs and Etqan Business Development.

Nasr noted, “Contracting with MRB Project Management to take over the task of managing and operating the project, according to the highest international standards, contributes to raising its investment value and ensuring its operational and technical efficiency and leads to achieving the highest investment return for clients.”

He explained that Evora project is located on a vital area in Downtown on three corners in front of International Hospital and pharmaceutical companies. It includes ground and 12 floors, the first three floors are commercial properties with spaces starting from 32 sqm, and the third floor is medical clinics with areas starting from 31 sqm, and from the fourth floor up to twelfth floor are allocated for administrative units with areas starting from 32 sqm.

For his part, Chairman of MRB Project Management Mohammed Rashid stated that the contract to manage the Evora project and provide services represent an added value to the project and to maximise investment opportunities in it.

Rashid said that MRB is one of the leading companies in field of consulting, establishing and managing malls, with its experience of more than twenty years. It provides a package of integrated services in managing and operating malls of various types and sizes, whether they are commercial, administrative, medical, hotel and entertainment properties. It sets a general policy for the mall on which all departments are linked.

 

 

Tags: EVORAMRBNew CapitalRUD

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